Ring Energy Stock Fundamentals
| REI Stock | USD 1.59 0.05 3.25% |
Ring Energy fundamentals help investors to digest information that contributes to Ring Energy's financial success or failures. It also enables traders to predict the movement of Ring Stock. The fundamental analysis module provides a way to measure Ring Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ring Energy stock.
As of now, Ring Energy's EBIT is increasing as compared to previous years. The Ring Energy's current EBITDA is estimated to increase to about 250.5 M, while Total Other Income Expense Net is forecasted to increase to (38.8 M). Ring | Select Account or Indicator |
Ring Energy Company Return On Equity Analysis
Ring Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Ring Energy Return On Equity | 0.14 |
Most of Ring Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ring Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Ring Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Ring Energy has a Return On Equity of 0.1422. This is 107.18% lower than that of the Oil, Gas & Consumable Fuels sector and 92.01% lower than that of the Energy industry. The return on equity for all United States stocks is 145.87% lower than that of the firm.
Ring Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ring Energy's current stock value. Our valuation model uses many indicators to compare Ring Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ring Energy competition to find correlations between indicators driving Ring Energy's intrinsic value. More Info.Ring Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ring Energy is roughly 1.72 . As of now, Ring Energy's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ring Energy's earnings, one of the primary drivers of an investment's value.Ring Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ring Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ring Energy could also be used in its relative valuation, which is a method of valuing Ring Energy by comparing valuation metrics of similar companies.Ring Energy is currently under evaluation in return on equity category among its peers.
Ring Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0829 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.64 % | |||
| Current Valuation | 701.72 M | |||
| Shares Outstanding | 198.2 M | |||
| Shares Owned By Insiders | 12.36 % | |||
| Shares Owned By Institutions | 50.44 % | |||
| Number Of Shares Shorted | 14.98 M | |||
| Price To Earning | 2.58 X | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 0.86 X | |||
| Revenue | 361.06 M | |||
| Gross Profit | 283.22 M | |||
| EBITDA | 238.58 M | |||
| Net Income | 104.86 M | |||
| Cash And Equivalents | 2.22 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 430.02 M | |||
| Debt To Equity | 0.76 % | |||
| Current Ratio | 0.48 X | |||
| Book Value Per Share | 4.29 X | |||
| Cash Flow From Operations | 198.17 M | |||
| Short Ratio | 7.82 X | |||
| Earnings Per Share | 0.57 X | |||
| Price To Earnings To Growth | 1.82 X | |||
| Target Price | 3.0 | |||
| Number Of Employees | 108 | |||
| Beta | 1.64 | |||
| Market Capitalization | 315.13 M | |||
| Total Asset | 1.48 B | |||
| Retained Earnings | (9.45 M) | |||
| Working Capital | (57.9 M) | |||
| Current Asset | 8.71 M | |||
| Current Liabilities | 11.33 M | |||
| Net Asset | 1.48 B |
About Ring Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ring Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ring Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ring Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 361.1 M | 379.1 M | |
| Cost Of Revenue | 115.4 M | 121.2 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.02 | |
| Sales General And Administrative To Revenue | 0.08 | 0.08 | |
| Capex To Revenue | 0.43 | 0.41 | |
| Revenue Per Share | 1.89 | 1.07 | |
| Ebit Per Revenue | 0.40 | 0.42 |
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When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:Check out Ring Energy Piotroski F Score and Ring Energy Altman Z Score analysis. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.57 | Revenue Per Share 1.853 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0829 |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.